Lock-in Period of Promoters’ and Employees’ Shares of Dhaulagiri Laghubitta Nears Expiry

Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) has published a notice announcing that the lock-in period of its promoters’ and employees’ shares will expire on Ashwin 19, 2082.

As per the recent guidelines issued by the Securities Board of Nepal (SEBON), the company has officially informed its investors and stakeholders about the conclusion of the lock-in period for these shares.

Currently, DLBS has a total of 1,331,000 units of shares listed on the Nepal Stock Exchange (NEPSE). Out of this, promoters hold 201,000 units and employees hold 1,500 units of shares, all of which have remained under lock-in since the IPO allotment three years ago.

The company’s total paid-up capital stands at Rs. 10.31 crores. However, as clarified in the notice, shares held by the Board of Directors and employees in higher management will still not be tradable even after the expiry of the lock-in period.

On the latest trading day, DLBS shares closed at Rs. 1,439.90 per unit.